DIGGS JAMES C 4

What Happened
James C. Diggs, a director of Brandywine Realty Trust (BDN), was granted an award of 37,582 common shares on 2026-05-28. The award is described as the $115,000 annual trustee award, with the share count determined using the 05/28/26 closing price of $3.06. The shares vested immediately upon grant. This was an equity award (code A), not a purchase or sale.

Key Details

• Transaction date: 2026-05-28 (grant/award, code A)
• Shares granted: 37,582; implied value ≈ $115,000 based on $3.06 closing price (per footnote)
• Price per share reported for calculation: $3.06; acquisition value reported as $0 in box because this is an award grant
• Vesting: Shares vested immediately upon grant (footnote F1)
• Shares owned after transaction: Not specified in the filing
• Filing: Form 4 filed 2026-06-01 — this appears to be one business day past the typical two-business-day SEC filing window for Form 4 (due by 05/31/26)

Context

• This transaction is an award of restricted/common shares to a director as part of routine trustee compensation. Awards that vest immediately increase the insider’s stake but do not necessarily indicate a buy/sell signal.
• There is no indication of a sale, purchase under a 10b5-1 plan, or tax-withholding shares reported in this filing.